Alert: Positive Investment/Fundamental Signals (9/11/24)-Central Pacific Financial Corp. (NYSE: CPF)

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Recent notable positive changes in fundamentals have benefitted Central Pacific Financial Corp. (NYSE: CPF): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Important positive changes in Central Pacific Financial Corp. (NYSE: CPF) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CPF is expected to continue to be a Value Builder.

Central Pacific Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Central Pacific Financial has a slightly positive Appreciation Score of 61 and a very high Power Rating of 94, and the Highest Value Trend Rating results.

Recent Price Action

Central Pacific Financial Corp. (NYSE: CPF) stock closed at $26.22 on 9/11/24 after a modest decline of -1.9%. However, this decline was accompanied by below average trading volume at 72% of normal. The stock has declined -6.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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